Elon Musk’s debut SNL is still going on and in 109 minutes so far he had mentioned doge twice. First, he said he would give Dogecoin to Maye Musk as a Mother’s Day gift. His mom claimed that he couldn’t wait for her present but hoped that it wasn’t the dogecoin, but Musk replied that it was:
Maye Musk: “I can’t wait for my Mother’s Day gift, I just hope it’s not Dogecoin” Elon Musk: “It is.”
His mother’s day gift remark dropped the DOGE price by ~20%. Later in the show, he again mentioned Dogecoin in a more positive way.
He took notice of DOGE’s price action, saying it’s “taking off in a real way.”
It actually started a joke…Now it’s taking off in a real way.
Musk also said that it was “about as real as that dollar,” but also added that it was a “hustle.” Apart from his favorite meme coin, the “Dogefather” also mentioned Ethereum and Bitcoin during his sketch.
The crypto king Grayscale’s Barry Silbert on the other hand says dogecoin holders should convert their DOGE to BTC. His tweet came just hours before Musk is going to make his much-awaited hosting debut on “Saturday Night Live.”
Dogecoin fans are going really crazy now and it is pretty much seen in the DOGE’s price behavior and social mentions also. With 64,595 Dogecoin social mentions over the last hour, the hourly social volume for dogecoin has hit an all-time high.
[…] Musk is a pro dogecoin supporter and calls himself dogefather. However, his notorious attempts to manipulate the crypto market prices have also made him the most […]
[…] Elon Musk is a die heart supporter of meme-based cryptocurrency ‘Dogecoin’. Elon has supported Dogecoin (DOGE) countless times in many phases. Even Tesla accepts payments made in DOGE. Though DOGE was […]